GoldCore Note Gold prices are marginally higher today and look set to have their best monthly gain since June 2016. Spot gold was up 0.2% at $1,413.60 per ounce in late morning trading in Europe. Gold has risen over 8% this month so far. A monthly close above $1,400/oz will be positive from a technical […]
-The Global Monetary RESET will see the “Third World” dollar sharply devalued and paper wealth and assets including stocks and bonds lose significant value – The ‘Gold Standard’ jigsaw: the global monetary pieces are falling into place as China quietly moves to re-establish some form of Gold Standard – The legs of the Gold Standard […]
GoldCore NoteGold prices look set for their first decline in seven trading days today. Gold fell over 1.1 per cent during Asian trading hours and has remained weak in European trading. Gold fell as traders took profits on their recent rapid gains. A slight change in the Federal Reserve’s ‘mood music’ with hints that aggressive interest […]
GoldCore Note Gold surged over $1,436/oz this morning, it’s highest level in almost six years as an escalation of US sanctions on Iran added to heightened geopolitical uncertainty and uncertainty in global markets. Market participants are also concerned about the G-20 summit this weekend where it is hoped that President Donald Trump and China’s Premier […]
News and Commentary Gold Hovers Near Six-year High as Dovish Central Banks, U.S.-Iran Tensions Fuel Demand Gold Gains to Near Highest Since 2013 as Bulls ‘back in Control The Gold ETF Continues to Set New Highs as Commodities Rebound and the Dollar Slumps Iran Says It Will Confront Any U.S. Threat, Trump Eyes New Sanctions […]
GoldCore Note Gold prices surged to a new six-year high today after markets digested the U.S. Federal Reserve signalling a move to looser policies and other central banks including the ECB made similar dovish signals. The Fed said it was ready to cut interest rates as soon as this July due to the very uncertain […]
GoldCore Note Gold prices surged nearly 3% to a high of $1,385/oz, their highest in more than five years today after the U.S. Federal Reserve adopted a more dovish tone. The Fed signaled possible interest rate cuts this year which sent risk assets higher, U.S. Treasury yields and the dollar lower. Gold gains in dollars […]
GoldCore Note Gold is lower in dollars today despite increasingly dovish signals from the Federal Reserve, ECB, Australian central bank and other central banks as economies slow. Gold has surged higher in Australian dollars again this week and reached a new all time record high in the Aussie dollar yesterday at $1,974/oz. This is due […]
GoldCore Note Gold prices have risen in all currencies today and especially in British pounds with gold having risen 1.5% to £1,078/oz. Concerns regarding the weak UK economy and Brexit fears continue to weigh on sterling. More loose monetary policies are making gold attractive again as are the elevated economic and geopolitical risks which are […]
GoldCore Note Gold and silver have weakened today and have fallen from the 14 month high seen on Friday. Spot gold was down 0.4% at $1,338.30 per ounce in early U.S. trading. It surged to $1,358.04 on Friday, its highest level since April 11th, 2018. The return of risk appetite as seen in gains for […]
GoldCore Note Gold prices jumped another 1% today, surpassing the key $1,350 level for the first time since April last year. Gold made strong gains in all currencies including the euro and the pound, rising above €1,200 and £1,060 per ounce respectively. Poor economic data from China, the UK, the EU and the United States, […]
via Bloomberg Paul Tudor Jones, the Tudor Investment Corporation founder, believes that gold is the best trade and is going to “scream” over the next year to two years. He outlines his reasons why with Bloomberg’s Vonnie Quinn on Bloomberg Markets. “The best trade is going to be gold. If I have to pick my […]
GoldCore Note Gold prices have moved higher today after hitting a one-week low yesterday. Renewed worries over the U.S.-China trade war and its impact on the global economy are pushing gold higher. Stocks globally have fallen as risk aversion creeps back in as the trade war escalates, increasing the appeal of gold bullion as a […]
For the left, all private property becomes fair game… Don’t delay and start preparing your finances now Left wing governments may be elected – Where is safe to invest? The UK is still as divided as ever over Brexit and a nasty shock lurks around the corner Corbyn is not investor-friendly: Real risk of inflation […]
by Bloomberg Gold is finally gaining the traction needed to boost prices to a level not seen since 2013 as concern mounts over increased trade war tensions and the global growth outlook. Bullion may touch $1,400 an ounce this year as investors hedge risk, according to Rhona O’Connell, head of market analysis for EMEA and […]
Gold Is 3% Higher This Week As Dollar, U.S. and Global Economy Weaken Gold prices jumped to $1,345 per ounce soon after the U.S. non farm payrolls showed that the U.S. created a meager 75,000 jobs in May, taking it’s weekly gain to 3%. Gold prices consolidated on this week’s 2.2% rise by today and […]
Gold has gained in dollars this week and also rose in other currencies (see LBMA prices below) due to concerns about the slowing U.S., UK, EU and Chinese economies and indeed the global economy. Gold prices consolidated on this week’s 2.2% rise today and are headed for their best week this year. Today’s U.S. non-farm […]
Gold has moved marginally higher again today after 5 days of gains and remains firm near a three month high at $1,340/oz. Gold is being supported by the dovish comments from the Fed which have lifted expectations of an interest cut. The U.S. economy is slowing and this is putting the dollar under pressure as […]
Gold has consolidated on yesterday’s gains and is marginally higher as risk aversion creeps back into markets. Gold rose 1.5% yesterday to its highest level in more than three months. Concerns that trade wars look set to escalate globally and fears that President Trump’s threat of tariffs on Mexico will hurt the global economy are […]
Gold rose to a two week high and was higher in most currencies today after Washington’s threat of tariffs on Mexico exacerbated fears of a global trade war and recession, which saw a ‘flight to quality’ and gains for safe haven gold. Spot gold jumped 0.9% to $1,298.80 an ounce this morning, its highest since […]